Transcripts for BBCNEWS BBC News 20211007 08:05:00

approximately £1280 to £1660. largely as a consequence of the increase in the wholesale market we have seen over the last few weeks and months. have seen over the last few weeks and months-_ have seen over the last few weeks and months. .,, , _, , and months. people may be confused, i am certainly — and months. people may be confused, i am certainly one _ and months. people may be confused, i am certainly one of— and months. people may be confused, i am certainly one of them, _ and months. people may be confused, i am certainly one of them, the - i am certainly one of them, the price cap is meant to keep prices down. , ,., , , price cap is meant to keep prices down. , ,, down. yes, so the issue, the way in which the cap _ down. yes, so the issue, the way in which the cap works _ down. yes, so the issue, the way in which the cap works is _ down. yes, so the issue, the way in which the cap works is that - down. yes, so the issue, the way in which the cap works is that it - which the cap works is that it effectively that absolute pound amount is based on an assumed volume of energy that a typical household would use and that, in turn, goes into the typical p per unit rate you see on your bills. unfortunately, it means the impact of rising wholesale prices is still very much felt through the cap because of the methodology for calculating that level is applied. 50 methodology for calculating that level is applied.— level is applied. so our energy bills have _ level is applied. so our energy bills have recently _ level is applied. so our energy bills have recently gone - level is applied. so our energy bills have recently gone up, i level is applied. so our energy i bills have recently gone up, over £100 for the typical consumer. your best forecast is that by spring, summer next year, they will have

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